PORTLAND, Oregon, August 11, 2015 /PRNewswire/ --
Big Market Research has added a report titled "World Anti-counterfeit Pharmaceuticals and Cosmetics Packaging Market Opportunities and Forecasts, 2014 - 2020." According to the report the anti -counterfeit pharmaceutical and cosmetics packaging industry would register a CAGR of 15.7 percent during the forecast period of 2015 to 2020. The report extends an off the shelf, data on the growth of the track and trace technologies including ePedigree, RFID and Barcode in the inventory management and goods tracking sector and their significance in the authentication technology industry by 2020.
The research analysts designing the report reveal that the hologram authentication technology sector which added close to 52 percent market share by the end of 2014 would continue to grow until 2020. Industry experts remain positive that anti-counterfeit RFID technology segment would register a CAGR of 21.5 percent through 2015 to 2020. The processed raw figures on how ePedigree would secure its position in the track and trace technology sector offers a clearer picture of the growing need for product security and cutting -edge operational procedures to curb counterfeiting.
The most relevant answers to questions on how the anti -counterfeit technologies would be endorsed due to the constant pressure from the pharmaceutical manufacturers and trade unions are reached in the report .For stronger information and in -depth insight the study also discusses that in 2014 ePedigree reserved a share of approximately 12.2 percent in the RFID technology market and is believed to witness a tremendous rise through 2015 to 2020. Besides this, the responsive research techniques takes a closer look at the market scenario of anti -counterfeit pharmaceutical and cosmetics packaging segment in regions such as North America , Asia -Pacific and Europe believed to lead the entire worldwide market.
To conclude the major market players profiled in the report consists of Sicapa, Zebra Technologies, Flint Group, Alpvision, Avery Dennison plus many others.
Request to download sample visit @ http://www.bigmarketresearch.com/request-sample/248237
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Secure packaging is one of the essential techniques to avoid counterfeiting. Anti counterfeit packaging is defined as the process of assigning secure packaging to the product in order to minimize counterfeiting or infringement. Anti-counterfeiting packaging is the process of secure packaging that prevents imitation and confirms safety of the goods. Anti-counterfeit measurements are taken by companies, which is helping them in minimizing loss due to counterfeiting in-term of revenue and loyalty. Global anti-counterfeit packaging market was accounted for $57.4 billion in 2013, which is forecast to generate revenue of $142.7 billion by 2020 at 13.9% CAGR from 2013-2020.
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The global market for pharmaceutical contract manufacturing represents one of the fastest growing markets and it is expected to proffer enormous opportunities in the near future. Contract manufacturing contributes significantly to the overall outsourcing market, owing to its popularity and widespread adoption by pharmaceutical companies. Cost containment issues resulted from global economic constraints, have exerted extensive pressure on pharmaceutical manufacturers to reduce the cost of products. Hence, to make way out of this situation, pharma companies are looking to reduce the manufacturing cost. Contract manufacturing, as a strategic option, offers the certain benefits such as cost reduction, improved product quality, product portfolio and reduction in time to market.
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